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tom: this sounds a little bit like bob woodward's book to by bob woodward's book when he talked about the debt ceiling fight back in 2011. mcconnell, from the way i read it, mcconnell and reid took it away from the president and said , let us to work our own deal by ourselves, kind o cutting him out of the negotiations. >> that's basically it. with the president said was, you can come up with an alternative plan, one that can pass both houses of congress. if not, the president wants a vote on his plan only in the senate and inthe house. the house leaders were non-committal. you also go back to the first time the bush tax cuts were expiring back in 2010, that was a deal cut between vice president joe biden and minority leader mitch mcconnell at that time where they stand at all the tax cuts and apparel tax cut and the unemployment benefits. so the leader coming in again trying to up for some type of compromise and get to the senate. for now the white house is letting the senate worked its magic. tom: interesting. but you very much. well, r-texas congressman michael burgess says we need
tom: this sounds a little bit like bob woodward's book to by bob woodward's book when he talked about the debt ceiling fight back in 2011. mcconnell, from the way i read it, mcconnell and reid took it away from the president and said , let us to work our own deal by ourselves, kind o cutting him out of the negotiations. >> that's basically it. with the president said was, you can come up with an alternative plan, one that can pass both houses of congress. if not, the president wants a...
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we did, bob. we did. got it. >> once again, our developing story tonight, no deal still on the fiscal cliff. president obama handing the matter over to the senate leaders and without any resolution, many people are scrambling to shore up their finances. hampton pearson has the fiscal cliff frenzy. hampton. >>? >> you got it, michelle. we're operating in an environment where, quote, uncertainty is the new normal. this is the equivalent of the last-minute christmas shopping to protect assets of going over the fiscal cliff, planners and wealth managers say it's been a banner year especially for estate planning and here's a couple of reason yes. there's a big change coming with the gift tax. right now there's a $5 million exempted and the tax rate is 35%. on midnight on new year's eve the exemption drops to 1 million and the tax rate goes on 55% and the capital gains tax rate expected to increase from 15% to 20% and the brand new 3.8% medicare tax on wage earners above 200,000 a year and a possible future cap
we did, bob. we did. got it. >> once again, our developing story tonight, no deal still on the fiscal cliff. president obama handing the matter over to the senate leaders and without any resolution, many people are scrambling to shore up their finances. hampton pearson has the fiscal cliff frenzy. hampton. >>? >> you got it, michelle. we're operating in an environment where, quote, uncertainty is the new normal. this is the equivalent of the last-minute christmas shopping to...
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. >> see artists like bob dylan raise again the machine of pop music that inspired and informed. what artist do you feeluphold t. >> the most vibrant musical art perform are right now over the last 10, 15 years has been hip hop. [clearing throat] >> do they have hip hop in benghazi? first of all, i want you guys next week to get hats like that guy. >> i have one. that's actually my hat. >> sway that guy, right? >> he also took my name. i was originally sway then i changed it to curve and then to captain puddles and now i'm greg gutfeld. you know, there is is nobody at mtv. they think benghazi is a club dj. this is actually infuriating what's going on right now. >> bill: if it wasn't so absurd. >> we have -- there is this massive scandal going on. there are four people dead, and they are talking about music. it's disgusting to me. >> bill: who is sway? is this guy -- >> -- the voice of a generation. >> i'm digging the funky lid and i have a closetful of them. so next week you will see me here next week. >> bill: with the hat. >> it's not what incumbents do. it's usually what the c
. >> see artists like bob dylan raise again the machine of pop music that inspired and informed. what artist do you feeluphold t. >> the most vibrant musical art perform are right now over the last 10, 15 years has been hip hop. [clearing throat] >> do they have hip hop in benghazi? first of all, i want you guys next week to get hats like that guy. >> i have one. that's actually my hat. >> sway that guy, right? >> he also took my name. i was originally sway...
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don't be modest, bob. you found a better way to pack a bowling ball. that was ups. and who called ups? you did, bob. i just asked a question. it takes a long time to pack a bowling ball. the last guy pitched more ball packers. but you... you consulted ups. you found a better way. that's logistics. that's margin. find out what else ups knows. i'll do that. you're on a roll. that's funny. i wasn't being funny, bob. i know. >>> a showdown that's felt like watching a game of hot potato. senate leaders harry reid and mitch mcconnell are able to get their proposals past and they've left the senate to build a compromise plan and as you can see, the clock continues to tick, tick, tick, time running out. editor mark murray live in d.c. once again and mark, we should know here that the sky won't actually fall if the deal isn't passed by tuesday, but for a moment here, let's talk about the worst-case scenario. americans earning up to their 20,000 a year and they'll see their taxes go up about $412. next bracket could pay $1,000 extra to uncle sam. people making 40 to $65,000 g
don't be modest, bob. you found a better way to pack a bowling ball. that was ups. and who called ups? you did, bob. i just asked a question. it takes a long time to pack a bowling ball. the last guy pitched more ball packers. but you... you consulted ups. you found a better way. that's logistics. that's margin. find out what else ups knows. i'll do that. you're on a roll. that's funny. i wasn't being funny, bob. i know. >>> a showdown that's felt like watching a game of hot potato....
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. -- bob led this committee from 1995 to 1997. welcome, bob. retired major-general ronald siegel. he currently serves as vice president enterprise executive for energy in the environment for colorado state university and ohio state university. led a distinguished career in the u.s. air force. d.o.d. executive force base, and prior to that, director of defense research and technology. he flew two space shuttles. we certainly welcome you. >> we welcome, honorable marion blakey, president and ceo representing more than 150 leading aerospace manufacturers. ms. thank you served a five-year term as administrator of the f.a.a. -- ms. blakey served a five- year term as administrator of the f.a.a. we do certainly welcome you. but associate prof. for space science and engineering at the university of michigan, specialist in robotic exploration and space and team leader for the development for the fast imaging plasma spectrometer on messenger spacecraft. we certainly welcome you. dr. scott pages a director of the space policy institute -- page is a director of teh space he policy institute.
. -- bob led this committee from 1995 to 1997. welcome, bob. retired major-general ronald siegel. he currently serves as vice president enterprise executive for energy in the environment for colorado state university and ohio state university. led a distinguished career in the u.s. air force. d.o.d. executive force base, and prior to that, director of defense research and technology. he flew two space shuttles. we certainly welcome you. >> we welcome, honorable marion blakey, president...
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. >> i talked to the republican leader bob this is generally -- about this generally. we had a constructive meeting. i hope something positive will come from that. the republican leader and i and our staffs are working to see what we can come up with. but it should not take a long time to do that. but it would be in everyone's interest if we were in session tomorrow. we have another vote that has been set up >> you were talking about sunday, right? >> yes. we're going to have another caucus a following that, and hopefully by that time we will have made a determination, senator mcconnell and i, and we can do something on the floor in addition to what i talked about. we do need that time to have everybody kind of step back a little bit. if we come up with something, it is not that easy. we're dealing with big numbers. i think it was a very positive meeting. there was not a lot of clarity in the meeting. everyone knows how important it is. -- hilarity in the meeting. everyone knows how important it is. >> i share the view of the majority leader. we had a good meeting at t
. >> i talked to the republican leader bob this is generally -- about this generally. we had a constructive meeting. i hope something positive will come from that. the republican leader and i and our staffs are working to see what we can come up with. but it should not take a long time to do that. but it would be in everyone's interest if we were in session tomorrow. we have another vote that has been set up >> you were talking about sunday, right? >> yes. we're going to have...
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i wasn't being funny, bob. i know. ♪ ♪ [ male announcer ] everyone deserves the gift of all day pain relief. this season, discover aleve. all day pain relief with just two pills. with odor free aspercreme. powerful medicine relieves pain fast, with no odor. so all you notice is relief. aspercreme. . >>> as promised let's take a look at the rest of the top ten most intriguing people you selected for 2012. here's again, brooke baldwin. >> reporter: number five, super jumper felix baumgartner. let's face it, he did what no human has ever done, diving 24 miles from the edge of space. >> under way. >> breaking the sound barrier along the way. >> i'm still the same guy. but as soon as you start traveling people do recognize my face. >> i was scared. >> you were scared? >> i was a little bit scared. >> reporter: number four, new jersey governor chris christie. >> the shore and the boardwalk in seaside heights of my childhood no longer exists. >> governor. >> thank you for everything. >> the rough and tumble govern
i wasn't being funny, bob. i know. ♪ ♪ [ male announcer ] everyone deserves the gift of all day pain relief. this season, discover aleve. all day pain relief with just two pills. with odor free aspercreme. powerful medicine relieves pain fast, with no odor. so all you notice is relief. aspercreme. . >>> as promised let's take a look at the rest of the top ten most intriguing people you selected for 2012. here's again, brooke baldwin. >> reporter: number five, super jumper...
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back to the 1980s when i worked in the senate and we had ronald reagan as president and my old boss bob dole as majority leader. we did have governing coalitions. something called the reagan democrats. tip o'neill worked with ronald reagan. one mp the reasons he did that, tip o'neill was the speaker at the time, he knew there was a good chunk of centrist democrats who would switch over and vote with the president. so finding that middle, you know, if i were president obama i would be up on the hill. that's what president reagan would do. go up and meet the swing states, go to their afrsoffices, ask fo their vets. susan collins, mark warner on the democratic side. those are the folks that will provide the centrist core that we need to have a governing coalition in this country so we can move forward. >> let's talk about how consumers will be affect the here. the federal reserve is currently keeping rates at historic lows trying to encourage boroughing's if we go over the cliff, right now banks are hardly lending as much it's a they really should be. what epps can lse can be done t banks
back to the 1980s when i worked in the senate and we had ronald reagan as president and my old boss bob dole as majority leader. we did have governing coalitions. something called the reagan democrats. tip o'neill worked with ronald reagan. one mp the reasons he did that, tip o'neill was the speaker at the time, he knew there was a good chunk of centrist democrats who would switch over and vote with the president. so finding that middle, you know, if i were president obama i would be up on the...
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concerned which is why we're dealing with the debt ceiling again and we just showed i haved why from bob corker and the senator from tennessee talking and he said we'll get the spending cuts in january when the debt ceiling comes up and if you're progressive, we'll have the big spending cuts conversation, which is medicare, medicaid on the table and some of the tax stuff may have been taken care of. >> we're getting close to the top of the hour and the big three coming up with the best and worst of the week. you'll want to hear this next. ke a giant... ♪ and feel like a green giant. ♪ ho ho ho ♪ green giant >> getting close to the top of the hour. back to the big three, for the best week, worst week. perry, i'll start with you, what's your best and worst this week? i picked chuck hagel. he's our defense secretary and he's getting attacked by democrats and republicans very harshly and has no chance to defend himself and for the winner, it's hard to pick a winner right now. washington is not working right now and it's hard to say anyone is doing a great job and this is not a great si
concerned which is why we're dealing with the debt ceiling again and we just showed i haved why from bob corker and the senator from tennessee talking and he said we'll get the spending cuts in january when the debt ceiling comes up and if you're progressive, we'll have the big spending cuts conversation, which is medicare, medicaid on the table and some of the tax stuff may have been taken care of. >> we're getting close to the top of the hour and the big three coming up with the best...
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colonel bob maginnis. good to see you sir. >> thank thank you, dave. >> dave: everyone criticizing this pick has the utmost respect for what he he did for this country and earning a purple heart. does that make him the right pick? does that make him a defense expert? >> no. he is not a defense expert dave. foreign policy expert. what we need in a very complex world today ratcheted by wars in afghanistan. cyber war. threats from iran, north korea, china, et cetera. and a defense department has more than 3 million people scattered across this world. it's someone that really understands defense. someone that's spent their entire life working the bureaucracy that knows the industrial base that knows soldiers. you know, i have nothing against senator hagel. he is a fine man. i have met him before. i think he is well-intended. but what we need are people like michelle floornoid. ash hammer. we need people who know the systems inside-out. the president needs the best advice in a time of war and time of crisis. we
colonel bob maginnis. good to see you sir. >> thank thank you, dave. >> dave: everyone criticizing this pick has the utmost respect for what he he did for this country and earning a purple heart. does that make him the right pick? does that make him a defense expert? >> no. he is not a defense expert dave. foreign policy expert. what we need in a very complex world today ratcheted by wars in afghanistan. cyber war. threats from iran, north korea, china, et cetera. and a...